# PPP loan: PACKAGING SPECIALIST INC.
> **$230K** approved 04/08/2020 · Paid in Full · Loan `8646307007`
## Borrower
- **Name:** PACKAGING SPECIALIST INC.
- **Address:** 3663 FEATHER RIVER BLVD, OLIVEHURST, CA, 95961-9616
- **NAICS:** 321999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $230K
- **Initial approval:** $230K
- **Forgiven:** $232K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Utilities:** $58K
- **Jobs reported:** 24
## Lender
- **Originating:** Plumas Bank
- **Servicing:** Plumas Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*